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Hurricane Maria Continues to Wreak Havoc on the Medical Industry
Though it has been nearly four months since Hurricane Maria made landfall in Puerto Rico, the effects continue to devastate the medical industry both on the island and the mainland. The power grid on the island remains mostly inoperable, leaving Puerto Rico’s many medical equipment manufacturing plants unable to operate. The United States Food and…
Watch: Empatica’s wearable tech for detecting seizures receives FDA clearance
The FDA has finally cleared Empatica’s “Embrace,” a wearable device that helps detect seizures. The approval is for prescription only, meaning those interested must talk to their neurologist to start using the Embrace. Though wearable health devices aren’t uncommon, Empatica envisioned a device that both functions and is attractive to wear for a condition that…
TransMedia Announces Blockchain Mobile Platform, Timicoin
TransMedia Group announced on February 5th that it will introduce, Timicoin, the world’s first cryptocurrency blockchain mobile platform for storing medical records that can be safely accessed from anywhere. The press release states that TransMedia plans to present Timicoin as the innovative leader in the blockchain technology space. “We’ll emphasize this breakthrough technology can be…
Minimally Invasive Cancellous Bone Extraction
Ranfac Marrow Cellution™ Percutaneous Autograft Collection produces autologous cancellous graft material with osteoconductive, osteoinductive and osteogenic properties using a minimally invasive cancellous bone extraction technique. It may be combined with allogeneic, autologous or synthetic bone chips hydrated with Marrow Cellution™ aspirate (www.ranfac.com/mcaspirate). To use, insert 8-gauge Trephine Needle with Sharp Stylet until anchored in the cortex…
Collaboration: An Effective Method for Cost Containment
If 2018 is anything like the previous year, and all signs suggest that it will be, then an onslaught of challenges lay ahead for organizations operating within the healthcare space. The persistent problem of uncertainty continues to linger with no one really knowing what new government legislation might be coming. Providers are bracing for even…
Watch: GOP Tax bill weakens tax credits but offers new tool for community development
After the community development tax credit survived in a weakened state, there was some surprising good news. Provisions of the Investing in Opportunity Act (IIOA) were passed as part of the legislation, a potential game-changer. The IIOA allows taxpayers to defer taxes on capital gains for up to 9 years if they invest the gains…
Few Physicians Favor Payment Plan Changes
Value Based Payment (VBP), where health care purchasers and payers pay based upon the quality and outcomes of care, is a relatively new way to pay for healthcare that faces considerable opposition from physicians, who think it won’t have any effect on care or controlling costs. In fact, according to FHMA, in a Leavitt Partners…
Moving Forward and Giving Back: FreedomPay Serves Philadelphia
Food isn’t scarce in our country—in fact, we have an abundant supply. But 1 in 7 Americans will still face hunger this year. However, Philabundance, a nonprofit organization based in Philadelphia, is trying to change those statistics. Last year, the company and its affiliates distributed 24 million pounds of food to hungry families in their…
Listen: What The End Of Net Neutrality Means For The Healthcare Industry
Following the decision of the FCC vote to rollback the mandate on Net Neutrality, you’re probably wondering how this will affect you. However, since it’s a little too early to say yet, it is important to know that the new order put into effect basically requires that ISP’s be honest and forthcoming when it…
Listen: The Role Of Augmented Reality In The Healthcare System
There is a healthy debate about the potential pitfalls of AI, or artificial intelligence. However, there is an additional technology with the same acronym that is being greeted with open arms in the health industry. It stands for “Augmented Intelligence” and it has the potential to not only revolutionize radiological imaging, but to reduce…
Watch: Latest property management solution includes facial recognition for improved guest service
Listen: Handling Healthcare Costs with Ryan Coplon
On today’s podcast, we get to speak with Ryan Coplon, the co-founder, and partner with Echelon Risk. We discuss how the current healthcare insurance system functions, the inevitable changes on the way, and how Echelon (and HealthWallet) are trying to help change the way we handle personal healthcare costs. For more information on Echelon…
Listen: Research Ties The London Tube to Hearing Loss
Millions of people take public transportation on a daily basis and most hardly worry about their health and safety and only concerned with getting from point A to point B. The London Underground may have you think differently. According to research done by University College London and the BBC in an article done by…
5 A.I. Startups To Watch in 2018
2017 was a year of benchmarks for artificial intelligence (AI) technologies. AI poker-players demolished their human competition.[1] Dermatologists were sidelined as a computer diagnosed potentially cancerous moles with record 90% accuracy.[2] 2018 is amping up to be just as exciting a year as 2017, with numerous startups looking to innovate and disrupt industries of all…
Meiji Expands Cocoa Market With Generous Investment
Oh how sweet it is! Japanese confectioner Meiji is expanding its high-cocoa chocolate products, an investment of 27 billion yen, or $245 million USD. Part of the investment includes upgrading their factories. Euromonitor International, a global market research agency, reports that health and wellness trends and the Japan’s ageing population have been the inspiration for…
Using the IOT to Fight Fires
Fighting fires is using smart technology to be more efficient. The Internet of Things isn’t just about interconnectivity in daily lives, but these devices are being used to serve a higher purpose- delivering critical information to first responders quickly in the event of a fire. In 2015, The National Institute of Standards and Technology (NIST)…
WHY 2018 IS THE YEAR TO GET YOUR DIGESTIVE TRACT BACK ON TRACK
You may be surprised to learn that your body is jam packed with trillions of bacteria. But don’t worry, most of these bacteria in your body are located in your gut, and they are actually doing good work for you! This little ecosystem, referred to as the gut microbiome, is constantly working to improve your digestion, enhance…
Listen: Apple Is Entering The Healthcare Market
It looks like Apple will be heading into the Healthcare Industry as their upcoming IOS 11.3 update will enable patients to view EMR’s or Electronic Medical Records as well as other pertinent clinical information right from their Apple device. This new Health Records feature utilizes the existing Health app currently on devices and goes…
Listen: Apple Is Entering The Healthcare Market
It looks like Apple will be heading into the Healthcare Industry as their upcoming IOS 11.3 update will enable patients to view EMR’s or Electronic Medical Records as well as other pertinent clinical information right from their Apple device. This new Health Records feature utilizes the existing Health app currently on devices and goes…
NIH Puts New Clinical Trial Guidelines Into Effect
Researchers requesting funding for clinical trials must determine if their research meets new criteria set by new NIH guidelines. The new guidelines breaks from the traditional understanding to also include both basic biomedical research and basic social and behavioral research. The switch has caused somewhat of a controversy, with some researchers claiming that the guidelines…
With FDA Clearance, Molecular Matrix Looks to Make a Lasting Clinical Impact
When Molecular Matrix founder Charles Lee first began experimenting with stem cells as an undergraduate at UC Davis, the idea of running a biotechnology startup probably seemed far fetched. With the Food and Drug Administration’s clearance of Molecular Matrix’s synthetic bone graft product Osteo-P, however, Lee now finds himself using this startup to drive significant…
Watch: Vietnam’s Pharmaceutical Market Is Showing Major Improvements
The deregulation of the healthcare sector along with increase in average income of the middle class population will lead the growth of the Vietnamese healthcare market in the upcoming years. a market in Vietnam that has been supported by the ever increasing and aging population of the country. The Vietnamese government has a target of…
Listen: Restaurants Experiment With Surge Pricing
If you’re familiar with how Uber works, you are aware of when surge pricing takes place as ultimately supply and demand can drastically increase or lower prices depending on where you are. Well, typically this has only been practiced in ride-sharing or in other transportation/hospitality services but now one restaurant in London is taking…
The Best Options For Investing In Data Centers
Is your company’s data safer in an in-house data center, a colocation facility, or the cloud? The discussion for more efficient, contemporary computing solutions is the debate of IT departments, and the challenges lie in which method is best. Where will the greatest ROI lie? Jeff Gilmer, a senior partner at Excipio Consulting chimes in,…
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